Age, Biography and Wiki
Birth Day | February 02, 1967 |
Birth Place | China |
Age | 56 YEARS OLD |
Birth Sign | Pisces |
Occupation | Businessman, political activist |
Known for | Beijing Zenith Holdings |
Net worth: $1.1 Billion (2024)
Guo Wengui, the renowned Chinese business magnate and philanthropist, is projected to possess a staggering net worth of approximately $1.1 billion by 2024. Often referred to as Diversified due to his diverse business ventures and successful investments, Guo has cemented his position as an influential figure in China and the global business landscape. His vast wealth is a reflection of his exceptional business acumen and strategic decision-making, which have propelled him to great heights in various industries. Guo Wengui's success story serves as an inspiration to aspiring entrepreneurs and testament to the immense potential that lies within the realm of business.
Biography/Timeline
Guo was born in Shen County, Shandong province, People's Republic of China. He is the seventh of eight children in the family. He began his Business career in Zhengzhou, before moving to Beijing to secure various construction deals during the 2008 Beijing Olympics. His most famous asset was the Pangu Plaza, an Olympic torch-shaped condominium residence built prior to the Beijing games.
Beijing Zenith Holdings was a company that owned by Li Lin and Jiang Yuehua (in 2013) via two corporate entities (Chinese: 郑州浩云实业有限公司 and 郑州浩天实业有限公司). The company acquired a minority stake in PKU Health care from state-owned Founder Group's PKU Health care Group. However, Beijing Zenith Holdings allegedly failed to pay the PKU Health care Group after the shares were already transferred, thus Beijing Zenith Holdings allegedly borrowed the money from PKU Resources Group Holdings, sister company of PKU Health care Group to allegedly finalize the payment. All three companies were fined by China Securities Regulatory Commission in 2016.
In 2015, Caixin media head Hu Shuli published a lengthy investigative piece on Guo and his associates. Guo responded by claiming Hu defamed him and responded with a set of personal accusations against Hu. Guo was believed to have left China sometime in 2015; since then he is believed to have been shuttling between Europe and the United States. He opened a Twitter account in early 2017, frequently criticizing individuals within the Chinese establishment. He has reserved particular scorn for He Jintao (not to be confused with former general secretary Hu Jintao), the son of former Central Commission for Discipline Inspection secretary He Guoqiang.
In June 2017, staff of one of Guo's other investment vehicles, Pangu Investment, were charged for scamming banks on loans. The staff members accused all alleged that they were under the orders of Guo.